Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

US Top Rating Updates on 9/20: PYPL, NKE, WDC, HUM and More

avatar
Analysts Notebook wrote a column · Sep 20, 2022 07:31
US Top Rating Updates on 9/20: PYPL, NKE, WDC, HUM and More
Susquehanna Downgrades PayPal on Negative Mix From Braintree
Susquehanna analyst James Friedman downgraded $PayPal(PYPL.US)$ to Neutral from Positive with a price target of $100, down from $115. Braintree is quickly gaining share within PayPal's total payment volume, "creating negative leverage from mix," Friedman tells investors in a research note.
Barclays Downgrades Nike on Excess Inventory, Earnings Risk
Barclays analyst Adrienne Yih downgraded $Nike(NKE.US)$ to Equal Weight from Overweight with a price target of $110, down from $125. The analyst cites her "bearish" wholesale sector demand risk thesis, continued volatility in China, excess North America inventory bringing heightened operating risk and currency headwinds, primarily in Europe, for the downgrade.
Western Digital Downgraded to Hold From Buy at Deutsche Bank
Deutsche Bank analyst Sidney Ho downgraded $Western Digital(WDC.US)$ to Hold from Buy with a price target of $40, down from $56. The company's Q1 revenue is tracking below the low end of its prior guidance and the outlook for Q2 looks "meaningfully below" the current consensus estimates, the analyst tells investors in a research note.
Source: Seeking Alpha, The Fly
Disclaimer: The content should not be relied on as advice or recommendation.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
10
+0
Translate
Report
109K Views
Comment
Sign in to post a comment
    avatar
    Moomoo News Official Account
    How do analysts evaluate the market?
    14KFollowers
    8Following
    34KVisitors
    Follow